Elevated inflation, which has affected consumer demand over the past few months, is still the top concern of Filipinos, according
The survey found that 74 percent, or almost three-fourths of the country’s adult population, considered inflation — the rate of increase in the prices of goods and services — as the top concern that must be addressed.
The price of liempo has reached over P400 per kilo in some markets, the group noted, even as farmgate prices have remained steady. It was followed by job creation , poverty alleviation , and eradicating graft and corruption in the government . BSP’s baseline projections showed a slightly higher inflation path. Nonetheless, inflation is still projected to revert to the 2 to 4 percent target range by the fourth quarter of 2023 in the absence of further supply-side shocks.
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